Read-for-yourself statement by Rasheed Bolarinwa-led Association of Corporate Affairs Managers of Banks in Nigeria (ACAMB) on currency scarcity rocking Africa’s biggest economy Commercial banks in Nigeria have declared that they are not hoarding new Naira notes, maintaining that doing that would put their internet banking investments “in excess of N100 billion” in jeopardy. Speaking through the Association of Corporate Affairs Managers of Banks in Nigeria (ACAMB), the lenders, Platforms Africa reports, said that they empathised with the Nigerian public on the unintended hardships being faced in the process…
Read MoreWe’re Not Hoarding New Notes, Our N100bn Investment’ll Be At Risk – Banks
